Shinhan dollar bond to kick off busy Asian Q2

Shinhan Bank is marketing a dollar bond, while Pakistan is on a roadshow for potential dollar notes.

Asian debt capital markets are set for a busy second quarter, with Shinhan Bank and Pakistan among the potential issuers already looking to take advantage of the still-low interest rate environment while they can.

Shinhan Bank is issuing a dollar-denominated three-year floating rate note, the first from a Korean financial institution in more than three weeks and the second one to issue in the offshore market this year after Kookmin Bank. The transaction with an initial price guidance of three-month Libor plus 80bp is expected to price on Tuesday during New York hours, according to a term sheet seen by FinanceAsia.

In addition to Shinhan...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222